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Oliver Wyman - Principal - US Life
Career Insights for Actuary
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Scorecard
Based on Maryland data
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What they do
An Actuary calculates the financial costs of risk and uncertainty. Uses findings from statistical analysis and mathematical modeling to help businesses and clients minimize the cost of risk and develop business and investment strategies. Uses actuarial analysis of the probability and cost of natural disasters or accidents to develop insurance policies.
$124,251 / year median in Maryland
-7% projected decline
Job Description
Oliver Wyman
Oliver Wyman provides customized actuarial services and strategic insight, supporting clients as they strive to exceed their business objectives. Our exceptional client and employee retention exemplify our commitment to relationships built on trust, responsiveness and clear communication. The US Life Actuarial Practice of Oliver Wyman works with organizations to manage their insurance risks using advanced actuarial and modeling techniques and has employees across over a dozen offices globally.
Job DescriptionOliver Wyman is seeking top talent to join the US Life Practice. The position is for a Principal , who is expected to lead business development efforts and contribute to a broad range of client projects, both in the US and globally. The new Principal will join the talented consultants across the US Life Practice and play a key role in the sourcing and delivery of projects for Oliver Wyman's clients, which include top tier insurance companies, reinsurance companies, investment banks, law firms, regulators, and private equity firms.
Potential projects and responsibilities may include:
- Principal
- US Life Oliver Wyman
- Principal
US LifeCompany:
Oliver WymanDescription:
Oliver Wyman- Principal
- US LifeCompany OverviewThe Actuarial Consulting Practice of Oliver Wyman advises clients across a broad spectrum of risk management issues.
Oliver Wyman provides customized actuarial services and strategic insight, supporting clients as they strive to exceed their business objectives. Our exceptional client and employee retention exemplify our commitment to relationships built on trust, responsiveness and clear communication. The US Life Actuarial Practice of Oliver Wyman works with organizations to manage their insurance risks using advanced actuarial and modeling techniques and has employees across over a dozen offices globally.
Job DescriptionOliver Wyman is seeking top talent to join the US Life Practice. The position is for a Principal , who is expected to lead business development efforts and contribute to a broad range of client projects, both in the US and globally. The new Principal will join the talented consultants across the US Life Practice and play a key role in the sourcing and delivery of projects for Oliver Wyman's clients, which include top tier insurance companies, reinsurance companies, investment banks, law firms, regulators, and private equity firms.
Potential projects and responsibilities may include:
- Oversight of large or multiple client engagements
- process planning, communications, and client management
- Identification and development of new sources of business to expand client base
- Lead or participate in client sales meetings and proposal development
- Industry presentations, surveys, and case studies, providing thought leadership and creation of intellectual capital
- Operating with a high degree of personal responsibility and accountability for the maintenance of a portfolio of clients
- Creation and analysis of financial projections, Life and annuity product development and financial reporting
- Analyzing insurance mergers & acquisitions or Capital markets transactions support
- As a senior member of the staff, you will be expected to act as a role model and set best practices for less experienced colleagues. Prior managing experience preferred.
- Work in partnership with our management consulting and actuarial practices Skills and Attributes
- FSA/FIA or equivalent actuarial credentials with 10+ years of professional experience in financial consulting or insurance
- Robust life insurance, annuity and/or long-term care knowledge and industry recognition in areas such as product development, valuation, financial reporting, and risk management
- Record of leading and managing teams, and delivering against tight deadlines in fast-paced, demanding environments
- Knowledgeable in insurance regulations and in local financial accounting principles
- Knowledge in financial modeling systems, such as Prophet or AXIS is preferred
- High proficiency in the Microsoft Office suite
- Excellent project management and project team leadership skills
- Strong written and oral communication skills Why Work for Us The Actuarial Practice of Oliver Wyman seeks to invest in its people by fostering a safe and inclusive environment, respecting and welcoming different perspectives, promoting an ownership culture, providing opportunities for individuals to develop their personal brand, and celebrating successes and rewarding performance.